CoinJie News, the co-founder of Indian cryptocurrency exchange CoinDCX, Sumit Gupta, stated: “One of our operational accounts used internally to provide liquidity at partner exchanges has been compromised due to a complex server breach. I confirm that the CoinDCX wallet used to store customer assets is unaffected and completely secure. Before sharing further details, I want to emphasize the following points:
- No user funds have been affected;
- User assets are completely safe and protected in cold wallet infrastructure;
- All trading activities and Indian Rupee withdrawals are operating normally.
The incident was quickly controlled by isolating the affected operational account. Since our operational accounts are separate from customer wallets, the risk is limited to this specific account and will be fully borne by us—from our own reserves.
Our internal security and operations teams are working around the clock with leading cybersecurity partners to investigate the matter, patch any vulnerabilities, and track the flow of funds. We are collaborating with exchange partners to prevent and recover assets, including the imminent launch of a bug bounty program. Every security incident is a learning opportunity, and we will learn from this incident to further strengthen our platform.” [CoinJie News]